You probably make plenty of power to make up on the straights for anything the Merkur might have over you in the corners. It would have to be a tight autox setup for me to have a chance
I do have Merkur buddies who'll run ya though

Oh, and i'll race you in the 1/4....bring it buddy
When i start putting money into the suspension, i'm getting 5 way shocks and struts and probably airbagging the right rear spring...hopefully that'll give me a good balance between cornering and drag. I'm also gonna be looking into making a quick disconnect setup for the front swaybar so i can just unhook it from the frame to drag and then connect it back for the street. We'll see how that goes..
If i had it my way i would slap an IRS in it and call up Griggs and have them throw the catalog at it, but we're talkin 5k+ just in suspension parts. They have a badass tubular K member setup that eliminates the shock towers alltogether and uses a double A arm setup. Their shop car doesn't even use a front swaybar because it bites so hard in the corners.